Friday, 25 May 2018

Good Morning!

U.S President Donald Trump said it is inappropriate at this time to have planned North Korea summit calling off his June 12 meeting with Kim Jong-Un.
In response N. Korean vice Foreign ministry says they were surprised with the cancellation and they remain willing to meet U.S at any time
Asian equities were seen trading lower on the back of fresh comments from US and N. Korea
U.S 10 year yields trading below 3% mark after falling sharply to 2.95% levels yesterday.
Crude oil prices trading lower after a fresh statement on increasing supply from Russia.
India unit is seen opening near 68.28 a dollar and is likely to trade within a range of 68.40 on the lower side and 68.10 on the higher side.

Karvy Forex

No comments:

Post a comment

Volume and Open Interest suggesting an accumulation in USDINR

USDINR futures prices were seen consolidating while  volumes  and OI were seen increasing suggesting accumulation.